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FreedomWorks is proud to announce that our bill of the month for June 2018 is H.R. 5470, sponsored by Rep. Ted Budd (R-N.C.). The bill would repeal the Office of Financial Research (OFR), a new independent agency within the Department of the Treasury that was created by the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) to help spot the next financial crisis.

On behalf of our activist community, I urge you to contact your representative and ask him or her to vote YES on the Economic Growth, Regulatory Relief, and Consumer Protection Act, S. 2155, introduced by Sen. Mike Crapo (R-Idaho). The bill would provide targeted relief in the banking industry from onerous regulatory overreach into the financial sector created by the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as “Dodd-Frank.” Having passed the Senate already, passage in the House would send the bill directly to President Trump’s desk to provide regulatory relief from this onerous law, affecting millions of Americans.